Red Rock Resources' (RRR.L) joint venture partner Koto DRC signed a contract with the Democratic Republic of Congo's Ministry of Rural Development to establish a wall panel manufacturing plant in the province of Kinshasa.
The UK-listed natural resource exploration and development company's partner will receive an initial payment of $7.2 million under the contract, which covers a further two factories, according to a Friday release.
Air Liquide (AI.PA) earmarked over $150 million for an industrial gas production facility in the US state of Idaho.The French industrial gases company said Thursday it will build and operate the new facility to support the expansion of an unnamed partner semiconductor memory chip company.The planned facility will produce nitrogen, oxygen, and argon, with operations to commence in 2028.
Ovintiv Inc (OVV) reported Thursday Q2 adjusted earnings of $491 million, up from $265 million a year earlier.